Savings

Personal Savings Accounts

Savings accounts are a great financial tool to assist you in saving money and earn interest in the process. No matter why you are saving your money, First State Bank of Bloomington offers accounts to assist you in the process.

First Basic Savings

Minimum to Open: $100
Quarterly Service Fee: $4
Qualify for no quarterly service fee by meeting one of the following:

  • Daily balance of $100 or more
  • Minor (0-18 years old)
  • Senior (55 or older)
Transfers to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to 6 per month, $1 fee per withdrawal in excess of six per month.
Interest rate subject to change daily

First Connection Savings

Minimum to Open: $100
Quarterly Service Fee: $20
Qualify for no quarterly service fee by meeting one of the following:

  • Daily balance of $15,000 or more
  • First Connection or First Premier Checking account owner
Transfers to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to 6 per month, $1 fee per withdrawal in excess of six per month.
Interest rate subject to change daily

Health Savings Accounts for those who qualify

Features:

  • $100 minimum required to open your account
  • To be used for Medical Expenses. Please see a tax advisor for qualifying information
  • Premium interest rate
  • Debit card access
  • Image statement provided monthly

Christmas Club

Features:

  • A great way to set money aside for any special purpose each year
  • Interest rate is subject to change daily
  • Interest is paid annually, at the time your special Club check is mailed to you
  • No withdrawals permitted except for annual disbursements by check in October